ZIP Code 48640

standard

Source:

Midland · Midland County · Michigan

Population
32,690

125/sq mi

Median income
$80,574

▲ 6% vs US

higher than 63% of US ZIPs

Median home value
$200,700

▼ 28% vs US

higher than 44% of US ZIPs

Bachelor's or higher
39.4%

Median age 40.2

Land area
261.5 sq mi

Detroit

ZIP code 48640 in Midland, Michigan has a population of 32,690. The median household income is $80,574, which is 6% above the national average. Median home value is $200,700, 28% below the US average. 39.4% of residents hold a bachelor's degree or higher.

ZIP code 48640 is classified by USPS as a standard delivery area and covers roughly 261.5 square miles in Midland, Midland County, Michigan. The area is home to 32,690 residents, producing a population density of 125 people per square mile, and falls within the Detroit time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 48640 against Michigan and the nation.

On the economic side, the median household income for ZIP 48640 sits at $80,574 (10% above the Michigan average), while per-capita income is $44,720. The poverty rate stands at 12.2% and the unemployment rate at 5.1%. On housing, the median home value is $200,700 (9% below the state average) with median rent at $954 per month, and 75.0% of occupied units are owner-occupied, a direct signal of whether 48640 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 39.4% of adults hold a bachelor's degree or higher, the median age is 40.2, and the average commute is 24 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Midland County, so you can benchmark 48640 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 48640

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 48640.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 48640, Midland, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

32,690

Population

261.5

Area (sq mi)

125

People / sq mi

Detroit

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 48640?

40.2

Median Age

48.8%

Male

51.2%

Female

3.1%

Foreign-Born

White 89.9%
African American 1.1%
Asian 1.8%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.4%
Hispanic or Latino 3.9%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$80,574

Median Household Income

+10% vs state

$44,720

Per Capita Income

12.2%

Poverty Rate

5.1%

Unemployment Rate

23.8 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 64.7%
Bachelor's Degree or Higher 39.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

14,469

Total Housing Units

13,722

Occupied Units

747

Vacant Units

2.33

Avg Household Size

Occupancy Type

Owner 75.0%
Renter 25.0%

$200,700

Median Home Value

-9% vs state

$954

Median Rent

1973

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+7.2%

YoY Change (2024)

184

HPI Index (2000 = 100)

+84%

Total Change Since 2000

Home values in ZIP 48640 have increased 7.2% over the past year (2024). Since 2000, this ZIP has seen +84% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.4% 122
2021 +10.6% 135
2022 +20.3% 163
2023 +5.4% 171
2024 +7.2% 184

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 981 business establishments in ZIP 48640, employing approximately 18,756 people with a combined annual payroll of $1,384,610,000.

981

Businesses

18,756

Employees

$1.4B

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 246 25.1%
Retail trade 135 13.8%
Other services (except public administration) 110 11.2%
Accommodation and food services 92 9.4%
Professional, scientific, and technical services 80 8.2%
Finance and insurance 73 7.4%
Construction 64 6.5%
Administrative and support and waste management and remediation services 50 5.1%
Real estate and rental and leasing 31 3.2%
Manufacturing 24 2.5%
Wholesale trade 17 1.7%
Arts, entertainment, and recreation 16 1.6%
Information 14 1.4%
Transportation and warehousing 10 1.0%
Educational services 8 0.8%
Management of companies and enterprises 4 0.4%
Industries not classified 4 0.4%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 48640 vs 48667 →

ZIP Code City Population Distance
48667 Midland, MI 0 5.2 mi
48657 Sanford, MI 7,981 9.6 mi
48642 Midland, MI 32,277 9.9 mi

More ZIP Codes in Midland County

Frequently Asked Questions

What county is ZIP code 48640 in?
ZIP code 48640 (Midland) is located in Midland County, Michigan. Midland County contains multiple ZIP codes, see the full list at /counties/midland-mi.
What is the population of ZIP code 48640?
ZIP code 48640 in Midland, MI has a population of 32,690 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48640?
The median household income in ZIP 48640 is $80,574, which is 6% above the national average of $76,288.
What is the average home value in ZIP 48640?
The median home value in ZIP 48640 is $200,700, which is 28% below the national average of $278,155.
What is the demographic makeup of ZIP 48640?
The largest racial group in ZIP 48640 is White at 89.9%. Hispanic or Latino residents make up 3.9% of the population.
How many businesses are in ZIP code 48640?
ZIP code 48640 has 981 business establishments employing approximately 18,756 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48640?
The top industries by establishment count in ZIP 48640 are: Health care and social assistance (246), Retail trade (135), Other services (except public administration) (110). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 48640?
According to the FHFA House Price Index, home values in ZIP 48640 increased by 7.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 84%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 48640?
In ZIP code 48640, 64.7% of residents aged 25+ have a high school diploma or higher, and 39.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 48640?
The mean commute time for workers in ZIP code 48640 is 23.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48640?
In ZIP code 48640, approximately 75.0% of occupied housing units are owner-occupied and 25.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48640?
The poverty rate in ZIP code 48640 is 12.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Midland, MI

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.